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"Condo prices have been increasing throughout Boston over the past five years in most Boston neighborhoods. We took a look at MLS data over the past 5 years to see where the biggest increases have been in the market:"

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Great work done by Charles Gate Realty Boston.

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Christina Frawley helped her daughter Margaret move into temporary Boston University housing at 1047 Commonwealth Ave., recently renovated as 180 apartments.

Christina Frawley helped her daughter Margaret move into temporary Boston University housing at 1047 Commonwealth Ave., recently renovated as 180 apartments.

By Tim Logan GLOBE STAFF SEPTEMBER 05, 2016
The new six-story building on Commonwealth Avenue wasn’t built to be a dorm. But during the last week, 180 Boston University students have moved in.

The arrangement is part of a two-year deal BU made with the building’s developer to lease out the space as student housing. It’ll be like any other dorm, complete with RAs and university housing rules, while BU renovates its Myles Standish Hall in Kenmore Square. Once those upgrades are complete, the plan is for 1047 Commonwealth Ave. to go back on the city’s rental market.

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The number of sales of residential properties (condominiums, single families, and multi-families) in Cambridge increased by 15.29% in the first half of 2016, compared to the first half of 2015. There were 377 sales in the first half of 2016 compared to 327 sales in the first half of 2015.

Total market volume increased by 38.41%. The first half of 2016 total volume was $392,130,789, compared to the first half of 2015 volume of $283,309,732.

The average sale price increased by 20%. The average sale price in the first half of 2016 was $1,040,135, compared to $866,391 in the first half of 2015.

The median sale price increased by 14.7%. The median sale price in the first half of 2016 was $780,000, compared to $680,000 in the first half of 2015.

The lowest sale price was $250,000. The highest sale price was $7,100,000.

At the end of the first half of 2016, inventory increased by 20.9% from the first half of 2015. On June 30, 2016, there were 81 units on the market. On June 30, 2015, there were 67 units on the market.

All statistics are from MLS Property Information Network.

"David Hall lives in a 3,500-square-foot, redbrick home in a quiet suburb of Provo, Utah. In five years, he and his wife, Karen, plan to move into a space of 200 square feet.

“Big houses are lonely,” says Mr. Hall, 69.

The Halls are going to a unit in a 24-room Provo hotel that Mr. Hall is developing. It will be the test case for his far more ambitious and controversial plan. Helped by the proceeds from the sale of a drilling-technology company last year, Mr. Hall says he has spent about $100 million—and eventually plans to spend $250 million, or roughly his entire net worth—on planned communities based on a 19th-century vision of Joseph Smith, the founder of the Mormon church."

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"It’s not easy to create a new neighborhood in a dense, older city like Cambridge. But Urban Spaces CEO Paul Ognibene is doing just that. Next month, he’s starting construction on Phase 1 of a four-building complex in a district becoming known as The First Street Corridor.

Not so long ago, Urban Spaces assembled eight parcels between Kendall and Lechmere squares. Along this strip Paul, the keynote speaker at Bisnow’s The Future of Cambridge Real Estate event next week, is doing a mixed-use complex with offices, housing and retail."

Read more at: Bisnow

Startling housing shortage in the Bay Area pushes renters to seek unconventional solutions. While $700 per month could rent you a 2-bd/2-bth home in San Antonio, the same expense will only afford you a sleeper van in San Francisco. The problem is fueled by both growing demand and constricted supply and is unlikely to have a fast solution. However, how far could this go before beginning to really damage the local economy?

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